The quantity theory of money assumes that money supply and price level are the only variables in the equation of exchange that are free to fluctuate

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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What is the difference between a demand schedule and a demand curve?

What will be an ideal response?

Economics

Because industrial countries depend upon the less developed countries for their food and raw materials, the less-developed countries account for the majority of world trade

Indicate whether the statement is true or false

Economics